Access Bank Plc on Monday surprised its staff members as they were notified of salary increase despite the effect of economic realities in the country.
Nigeria is currently facing economic downturn following the unexpected crash in the price of crude oil, its main source of income. Many banks had earlier in the year cut jobs in order to save money while majority of the states and local governments owe months of unpaid salaries.
A source told THEWILL that the bank’s leadership headed by Herbert Wigwe has approved this increase to cushion the effect of rising standard of living in the country.
A happy employee confirmed this in confidence to THEWILL. “I am speechless. I don’t think anyone saw this coming, this is happening at a time when my friends in other banks are losing their jobs. It feels great to be supported in such trying times. Thank you Uncle Herbie.”